Stock Symbol:   

Stoxline Mobile
Home  |  Stock Charts  |  Showcases  |  Stock Ranks  |  Options  |  ETFs  |  Educations

Golden Matrix Group, Inc. (GMGI)

4.96   -0.24 (-4.62%) 06-26 19:20
Open: 5.22 Pre. Close: 5.2
High: 5.22 Low: 4.86
Volume: 44,990 Market Cap: 139(M)
Golden Matrix Group, Inc. provides enterprise software-as-a-service solutions for online casino and sports betting operators. The company develops and owns online gaming intellectual property; and builds gaming platforms for customers located primarily in the Asia Pacific region and Europe. Its platform facilitates gaming customers in operating online casinos, sportsbooks, lottery, and live games; and provides customers with access to a portfolio of licensed gaming content, which are provided by gaming content providers. The company also provides services and resells third party gaming content to licensed online gaming distributors. Its platform is accessed through desktop and mobile applications. The company was formerly known as Source Gold Corp. and changed its name to Golden Matrix Group, Inc. in April 2016. Golden Matrix Group, Inc. was incorporated in 2008 and is based in Las Vegas, Nevada.

Stock Price Prediction

Update at 5:00pm EST
If tomorrow: Open lower Open higher
High: 5.23 - 5.25 5.25 - 5.28
Low: 4.79 - 4.82 4.82 - 4.85
Close: 4.9 - 4.95 4.95 - 5

Technical analysis

as of: 2022-06-24 4:40:19 PM
Stoxline posted a BUY today, downgraded from strong buy. Upward movement continues, but could change at any time.
Target: Six months: 6.89     One year: 8.04
Support: Support1: 4.51    Support2: 3.66
Resistance: Resistance1: 5.9    Resistance2: 6.89
Pivot: 4.86
Moving Average: MA(5): 4.87     MA(20): 4.88
MA(100): 5.42     MA(250): 6.47
MACD: MACD(12,26): 0     Signal(9): 0
Stochastic oscillator: %K(14,3): 50.2     %D(3): 40.7
RSI: RSI(14): 53.3
52-week: High: 10.72  Low: 3.28
Average Vol(K): 3-Month: 67 (K)  10-Days: 192 (K)

Price, moving averages and Bollinger Bands

Price has closed above its short-term moving average. Short-term moving average is currently above mid-term; and below long-term moving average. From the relationship between price and moving averages: This stock is BULLISH in short-term; and NEUTRAL in mid-long term.
[ GMGI ] has closed below upper band by 35.6%. Bollinger Bands are 64.9% narrower than normal. The narrow width of the bands suggests low volatility as compared to its normal range. The bands have been in this narrow range for 3 bars. This is a sign that the market may be about to initiate a new trend.

Headline News

Sun, 26 Jun 2022
Golden Matrix Announces Launch of Upgraded RKings Tournament Platform -

Tue, 21 Jun 2022
Where Will Golden Matrix Group Inc (GMGI) Stock Go Next After It Has Risen 2.33% in a Week? - InvestorsObserver

Tue, 21 Jun 2022
IBN (InvestorBrandNetwork) Announces Latest Episode of The Bell2Bell Podcast Featuring Brian Goodman, CEO of Golden Matrix Group Inc. - Yahoo Finance

Tue, 21 Jun 2022
AG Healey dives into GMGI | News | - Gloucester Daily Times

Fri, 17 Jun 2022
Communication Services Stocks Moving Up and Down Friday: CCO, BODY, STRY, OB, RDBXW, RDBX, NN, GMGI - InvestorsObserver

Thu, 16 Jun 2022
Have Golden Matrix Group, Inc. (NASDAQ:GMGI) Insiders Been Selling Their Stock? - Simply Wall St

Financial Analysis

Price to Book Value: Outperform
P/BV, a ratio used to compare book value to its current market price, to gauge whether a stock is valued properly.
Price to Earnings: Outperform
PE, the ratio for valuing a company that measures its current share price relative to its earnings per share (EPS).
Discounted cash flow: Outperform
DCF, a valuation method used to estimate the value of an investment based on its expected future cash flows.
Return on Assets: Neutral
ROA, indicates how profitable a company is in relation to its total assets, how efficiently uses assets to generate a profit.
Return on Equity: Neutral
ROE, a measure of financial performance calculated by dividing net income by equity. a gauge of profitability and efficiency.
Debt to Equity: Neutral
evaluate financial leverage, reflects the ability of equity to cover outstanding debts in the event of a business downturn.
Free Technical Analysis Charts

Stock Basics & Statistics

Exchange:  NASDAQ
Sector:  Communication Services
Industry:  Electronic Gaming & Multimedia
Shares Out. 27 (M)
Shares Float 9 (M)
% Held by Insiders 42.6 (%)
% Held by Institutions 0 (%)
Shares Short 58 (K)
Shares Short P.Month 67 (K)

Stock Financials

EPS 0.02
EPS Est Next Qtl 0
EPS Est This Year 0
EPS Est Next Year 0
Book Value (p.s.) 0.66
Profit Margin (%) 5.9
Operating Margin (%) 7
Return on Assets (ttm) 0
Return on Equity (ttm) 0
Qtrly Rev. Growth 354.8
Gross Profit (p.s.) 0.16
Sales Per Share 0.71
EBITDA (p.s.) 0
Qtrly Earnings Growth 542.7
Operating Cash Flow 3 (M)
Levered Free Cash Flow 0 (M)

Stock Valuations

PE Ratio 236.19
PEG Ratio 0
Price to Book value 7.51
Price to Sales 6.98
Price to Cash Flow 39.1

Stock Dividends

Dividend 0
Forward Dividend 0
Dividend Yield 0%
Dividend Pay Date Invalid DateTime.
Ex-Dividend Date Invalid DateTime.
7 Binary Options
Your Ad Here
StockChart iOS
StoxlineLite iOS
StoxlineLite iOS
OptionCalc iOS
StockChart Android
StoxlineLite Android
StoxlinePro Android
OptionCalc Android
(c) 2006-2022 | Contact us           
Data and information is provided for informational purposes only, and is not intended for trading purposes. Neither nor its data provider shall be liable for any errors or delays in the content, or for any actions taken in reliance thereon. By accessing the web site, a user agrees not to redistribute the information found therein.